πͺΆLight Paper
The first Liquid Staking protocol for NFT-DeFi Ecosystem
Creativity Versatility & in the Crypto World
In the bustling arena of digital evolution, welcome to a place where creativity meets financial wisdom: CoinAvatar. Imagine a world where your cryptocurrencies aren't just numbers but vibrant reflections of your personality. CoinAvatar brings this vision to life!
With a unique blend of NFT technology and robust DeFi characteristics, CoinAvatar goes beyond the ordinary. It allows you to mint your individuality through exclusive coins that are not just visually appealing but financially stable. Our platform makes each coin and mold unique, fusing your digital assets with attributes like texture, gem, denomination, material and more.
But we're not just about looks. We amplify the crypto game by transforming your NFTs into strong and clear assets. How? Through stimulating options like maximized yielding power, liquid NFTs, staking rewards, and a seamless marketplace for trading. Plus, the flexibility of a full return of locked-in NFT coin assets at any time!
CoinAvatar is not just another crypto platform. It's a bastion of innovation, empowering you to build strong assets while adding a splash of creativity to the financial landscape. Intrigued? Dive in and discover a world where cryptocurrencies are as lively and exclusive as you desire.
Finding The Challenges & Mastering the Solutions
π Understanding the Problems: Navigating the NFT-verse
NFTs are like modern art in a digital gallery. They're captivating, fascinating, and sometimes...a bit puzzling. While we all love the aesthetic appeal, NFTs often face skepticism, seen as a fleeting trend that could vanish like smoke. But we at CoinAvatar have identified the mysterious challenges lurking beneath the surface:
Lack of Utility: Traditional NFTs are currently perceived as a bubble, lacking value for holders and no longer considered profitable assets. Their limited use- cases, primarily as digital art, restrict their potential value.
Lack of Liquidity: Traditional NFTs suffer from limited market liquidity, making it challenging for owners to rapidly convert these assets into cash or other liquid forms.
Pricing Instability: Traditional NFTs often face large price changes, driven by popularity rather than utility. This volatility complicates their use in DeFi, increasing risks and instability.
High LTVs Barrier: For accessing higher Loan-To-Values in NFT- backed DeFi, users are required to possess high- value 'blue chip' NFTs, limiting opportunities for a broader audience.
π How CoinAvatar Provides a Game-Changing Blueprint
We've cooked up a four-course solution that not only faces these challenges but does so with flair:
To address these issues, we devised a four-pronged solutions:
Enhanced Utility: Each NFT Π‘oin represents a 1:1 staked cryptocurrency via CoinAvatar Each Coin generates high yields through liquid staking Each Coin remain liquid and can be further utilized in NFT-backed DeFi to maximize yield
Fixed Floor Price: Each Coin comes with fixed floor price due to the locked-in crypto Fixed floor price enables up to 95% LTV in NFT-backed DeFi Coin price cannot fall below the value of the locked-in crypto
Instant Liquidity: Users can dissolve their Coins on CoinAvatar anytime to access the funds locked within it No need to wait for a buyer to get liquidity
High LTVs for everyone: No need to buy expensive NFTs anymore to access high loans Our Coins, with investments as low as 100 USDT, enable users to obtain high LTVs of up to 95% CoinAvatar lowers the entry barrier and fosters mass adoption
So, what are we doing? We're leveling up NFTs, adding power-ups like high-yield rewards through DeFi staking, stability, real value, and turning the digital realm into an exciting, rewarding journey. CoinAvatar's NFTs are not just tokens; they're treasures!
π Quick Market Figures
CoinAvatar is combining the allure of NFTs with the robust functionality of DeFi and aims to capitalize on this exponential growth by offering a unique blend of aesthetic NFT coins, staking options, and a vibrant marketplace.
π°The DeFi and NFT Features You Deserve
At CoinAvatar, we are on the cutting edge of the fusion between technology and artistry, where NFT and DeFi aren't mere buzzwords but vivid, exciting realities.
πͺ Minting Coins/Molds: Unleashing Creativity
Here, molds aren't just designs; they're the soul of your unique coins. By utilizing our one-of-a-kind molds, you can mint coins that speak to you, and what's more, each mold vanishes after use, embedding an element of rarity. Dive into an exciting fusion process, where molds merge to birth new ones with inherited properties, unlocking exciting avenues in the world of digital assets.
π° Maximized Yielding Power: Unlocked Potential
Gone are the days when fluctuating floor prices were a concern. With CoinAvatar, mint NFT coins with a solid floor price, unlocking an impressive 95% Loan-to-Value potential in NFT lending protocols. Your strong and clear assets are now resilient to market turbulence.
π« Liquid NFTs: Flexible and Vibrant
We understand that flexibility is key, and with our liquid NFTs, enjoy seamless management for optimizing yield even while staking the cryptocurrency locked inside. No barriers, just pure flexibility.
πͺ Marketplace: Your Trading Arena
Trade molds and coins without fuss on our platform. Minimal commissions ensure that you get the most out of every trade. Buy or sell, the experience is streamlined and user-friendly.
π Multichain: Boundless Horizons
CoinAvatar doesn't stop at Ethereum. We support 24 other tokens and have expansive plans for the future. Our roadmap includes 10+ blockchains and 88+ new tokens. The possibilities are vast and exciting!
π‘οΈ Safety: Your Assets, Secured
Full return options on unused, locked-in NFT coin assets at any time means you never have to worry about your digital treasures. We offer an environment that helps secure your assets while also keeping the process engaging and fun.
Tokenomics
The lifeblood of the CoinAvatar ecosystem is the native CAV fungible utility and governance token. Users can buy it on exchanges or multiply their CAV tokens through staking options. Possession of CAV tokens by users gives them access to participating in DAO voting on the platform, but only after the product leaves the MVP stage. CAV token is used in all transactions on the platform, including:
Creating and fusing NFT molds;
Creating and demolishing NFT coins;
Buying and selling NFT coins and molds on our marketplace;
Putting NFT coins on staking more than one time;
DAO voting;
Fungible token overview:
CAV token supports the ERC-20 standard;
Category: NFT/DeFi;
Symbol: CAV;
CAV token max supply: 924,896,700 tokens.
TGE: Liquidity - 100%; Publick sale - 20%
The CoinAvatar ecosystem also contains non-fungible tokens - Molds and Coins.
Non-Fungible token overview:
NFT uses ERC-721 standard;
Category: NFT;
Ticker: CA.
Token distribution
The final percentage distribution of native CAV tokens by category is as follows:
Vesting
Firstly, let's break down some investing terminology for better understanding.
Here you can read more details about the vesting periods by category:
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